No change on copper price’s current negativity by its repeated fluctuation below 50%Fibonacci correction level at $4.6600, besides the continuation of suffering negative pressure by stochastic approach from 20 level, therefore, we will keep preferring the negative trading in the near period, which might target $4.5500 reaching the support at $4.4900.

 Note that regaining the bullish bias is conditioned by forming a strong bullish rally, to succeed to breach 61.8%Fibonacci correction level at $4.8100.

The expected trading range for today is between $4.5000 and $4.6600

Trend forecast: Bearish

The (ETHUSD) price declined in its last intraday trading, due to the stability of the critical resistance level at $2,730, to slip after its decline, accompanied by the emergence of the negative signals on the (RSI), to lean on a minor bullish trend on the short-term basis, with its lean on the support of its EMA50, in attempt to gain the required positive momentum to recover.

The (Brent) price declined in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below its EMA50, to surpass the key support at $63.20, which will form a dividing point in the price intraday trading especially when breaking it, the beginning of positive overlapping signals appearance on the (RSI) makes us wait for this break, after reaching oversold levels, which might decelerate the losses temporarily.

The (silver) price declined slightly in its last intraday trading, with the beginning of the negative signals emergence on the (RSI), after reaching overbought levels, attempting to gain a positive momentum that might assist it to recover and rise again, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.